Freedom Holding Corp.

Freedom Holding Corp.

FRHC
Freedom Holding Corp.US flagNASDAQ Capital Market
157.52
USD
+4.83
- -
9.65BMarket Cap
Freedom Holding Corp.
FRHC
(NASDAQ Capital Market)

Recent

price

157.52

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
- -
- -
- -
- -
- -
0.07
1
1.28
1.44
5.94
11.62
13.57
27.77
33.46
36.09
36.89
Revenue per Share
2.29
-62.39
-0.06
-0.03
- -
- -
0.02
0.31
0.12
0.43
2.56
3.83
3.5
6.43
1.28
2.56
2.57
Basic EPS, GAAP
16.76
6.78
-0.1
-0.03
- -
- -
0.02
-2.05
0.92
1.4
9.04
-6.94
-16.89
-18.79
26.7
-0.62
-0.23
Free Cash Flow per Basic Share
- -
19.27
0.41
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
25.57
-37.97
-1.57
-1.6
-1.54
- -
0.06
0.59
0.72
1.15
3.57
7.44
11.04
16.94
18.15
20.53
20.62
Book Value per Share
102.57
9.58
0.03
- -
- -
- -
0.15
2.03
1.9
2.13
4.53
9.02
12.6
18.09
18.88
22.75
22.85
Tangible Book Value per Share
2
2
56
56
58
280
280
58
58
58
58
59
59
59
59
60
60
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
19
58
74
83
347
690
796
1,638
1,987
2,165
2,203
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
50.42
57.73
31.52
45.93
51.28
64.46
55.48
56.81
31.37
31.82
31.28
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
1
2
1
3
3
5
15
17
35
35
Depreciation Expense
5
-139
-3
-2
- -
- -
6
18
7
25
150
227
205
379
76
153
153
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
2.25
16.07
16.96
15.35
10.61
18.13
13.76
27.18
32.15
32.15
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
32.48
31.51
9.62
29.78
43.14
32.98
25.78
23.15
3.84
7.08
6.96
Profit Margin (%)
-11
41
10
9
8
9
53
135
145
197
300
683
1,321
2,042
2,288
3,166
3,166
Working Capital
62
- -
- -
- -
- -
- -
3
11
33
87
40
45
90
313
535
1,407
1,407
LT Debt
219
21
2
- -
- -
- -
44
127
118
129
276
547
771
1,167
1,225
1,489
1,489
Total Equity
- -
- -
- -
- -
- -
- -
- -
16.13
7.49
12.98
31.06
36.95
18.86
24.1
12.13
13.01
13.01
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
23
10.95
20.77
40.96
31.19
21.06
25.69
13.14
14.49
14.49
Return on Capital (%)
9.38
- -
- -
- -
- -
- -
- -
71.96
18.82
46.02
108.81
69.93
37.67
46.07
7.35
13.28
13.28
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
806
1,055
1,025
LT Borrowings
743
1,075
1,358
LT Finance Leases
39
44
49
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
61
61
61
Market Capitalization
10,280
7,267
8,653

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
9,083
10,805
12,178
Cash, Cash Equivalents & STI
2,472
3,141
3,879
Accounts Receivable, Net
3,540
3,011
4,691
Inventories
- -
- -
18
Total Current Liabilities
7,233
8,597
9,012
Payables & Accruals
566
620
788
ST Debt
806
1,055
1,025
Deferred Revenue
5,860
6,922
7,200

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4,215.82%
43.45%
21.62%
Free Cash Flow
-352.23%
-74.24%
-102.33%
Net Income, GAAP
-35.1%
29.62%
100.99%
Sales/Revenue/Turnover
- -
50.06%
8.97%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
313
421
431
490
1,638
2025
445
519
587
446
1,987
2026
525
531
616
532
2,165

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.16
1.98
1.65
- -
6.43
2025
0.58
1.93
1.32
- -
1.28
2026
0.51
0.65
1.28
- -
2.56

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Freedom Holding Corp. operates as a diversified multinational financial services holding company primarily engaged in retail financial brokerage, investment counseling, securities trading, investment banking, underwriting, and asset management. Its core products and services include brokerage and trading services under the Freedom Finance brand; investment banking and capital markets advisory through its subsidiaries; securities brokerage and market making across multiple securities exchanges including Kazakhstan Stock Exchange, Moscow Exchange, Astana International Exchange, Saint-Petersburg Exchange, Ukrainian Exchange, and the Republican Stock Exchange of Tashkent; retail and institutional trading platforms; banking services through Freedom Bank; digital financial services including the Freedom SuperApp for banking, currency trading, and payments; and innovative banking products such as the Freedom currency, a cashback-linked exchange-traded note convertible into company shares. The company also provides wealth management and investment advisory services, notably after its acquisition of U.S.-based Maxim Group LLC, expanding its presence in the U.S. capital markets, investment research, and investment banking. Freedom Holding Corp. operates mainly across Eurasia with key markets in Kazakhstan, Russia, Uzbekistan, Cyprus, and the United States. Founded in 2008 and headquartered in Almaty, Kazakhstan, the company employs more than 1,500 personnel globally. Recent major company developments include the strategic acquisition of Maxim Group in 2023 to enhance its U.S. operations and capital markets capabilities. In 2025, Freedom Holding launched a $2 billion sovereign AI hub in Kazakhstan powered by NVIDIA, highlighting a strategic expansion into fintech and digital education technology through partnerships with OpenAI. The company also introduced advanced banking technologies, including the Freedom SuperApp and Freedom Banker app, supporting both local and international clients with multi-currency cards and digital financial ecosystems. It sponsors notable events such as the Financial Times Global Banking Summit. Freedom Holding is reportedly in talks to acquire TurkishBank, signaling ongoing expansion in regional banking. Additionally, BlackRock has become the second-largest shareholder, reflecting increased institutional investor confidence. The company continues to focus on growth via acquisitions, technological innovation, and expanding its financial product offerings across Eurasia and North America while maintaining a strong presence on multiple securities exchanges and broad retail client services.

Company News

APIChatGPT
  • Freedom Holding Corp. Announces Completion of US$300 Million Ordinary Share Offering

  • Freedom Holding Corp. Announces That It Has Completed an Offering of Its Common Stock

  • LibertyStream Commissions Fully Automated Gen 6 System at Freedom Launchpad as Freedom 1 Site Preparation Advances

  • Celebrating America's Enduring Spirit of Freedom and Opportunity

  • United in Freedom: ELEKTROS Inc. Wishes Everyone a Happy Fourth of July

  • The Blueprint Of Financial Freedom: Celebrating Independence Day With The Income Method

  • Celebrating the Enduring Spirit of American Freedom

  • Honoring the Enduring Legacy of American Freedom ELEKTROS Inc. Proudly Extends its Independence Day Greetings to Shareholders, Veterans, and Every Family Celebrating the American Dream

  • Freedom Holding Corp. Receives BRSA Approval to Acquire Turkish Bank

  • Freedom Holding Corp. Names Valeriy Kim Chief Financial Officer

  • UFC® Freedom 250 Delivers 34 Million Total Global Viewers

  • Is Freedom Holding Corp (FRHC) a Bargain After 4.4% Drop? GF Value Says Undervalued

  • Freedom Bank Welcomes Sheila K. Stabile to Board of Directors

  • S&P Upgrades Ratings on Freedom Holding Corp. Subsidiaries to “BB-”

  • Freedom Bank Appoints Purnachandra Dokku to Board of Directors

  • Freedom Boat Club Marks 450th Global Location, Highlighting Continued Expansion and International Growth

  • 'UFC Freedom 250' on Paramount+ draws 7 million viewers in US

  • Before the Octagon, There Was the Sweet Science: How UFC Freedom 250 Proved the Gibbons Brothers Were the OGs of the American Ring

  • Freedom Holding Corp. Announces That It Has Launched an Offering of Its Common Stock

  • ScottsMiracle-Gro Commits $1 Million to Support White House South Lawn Restoration Following UFC Freedom 250 Event